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Terry read the whole thing

Submitted by Roanman on Wed, 04/28/2010 - 06:55

 

I'll admit it.

I didn't read the entire page about Ponzi Schemes at the SEC site.

Feeling quite satisfied with myself, I quit reading where the post ended.

My friend Terry, anal puppy that he is, read every word and came up with the following.

 

What are some Ponzi scheme �red flags�?

Many Ponzi schemes share common characteristics. Look for these warning signs:

High investment returns with little or no risk. Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk.

Be highly suspicious of any �guaranteed� investment opportunity.

 

Thanks to Terry for a very nice pickup.